USD Partners LP (NYSE:USDP) Files An 8-K Other Events

USD Partners LP (NYSE:USDP) Files An 8-K Other Events

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Item 8.01.

Other Events
On June 7, 2017, USD Partners LP (the Partnership) entered into
an underwriting agreement, filed as Exhibit 1.1 hereto, with the
underwriter named therein with respect to the issue and sale by
the Partnership of up to 3,450,000 Common Units representing
limited partner interests (the Common Units) in the Partnership,
including the underwriters option to purchase up to 450,000
Common Units.
The Partnership expects the net proceeds from the offering will
be approximately $33.7 million after underwriters discounts and
commissions and estimated offering expenses (assuming that the
underwriters do not exercise their option to purchase additional
Common Units). The offering closed on June 12, 2017.
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits
Reference is made to the Index of Exhibits following the page,
which we hereby incorporate into this Item.

About USD Partners LP (NYSE:USDP)

USD Partners LP (USD Partners) is a fee-based, master limited partnership formed by US Development Group LLC (USD) to acquire, develop and operate energy-related logistics assets, including rail terminals and other midstream infrastructure. The Company conducts its business through two segments: Terminalling services and Fleet services. Its Terminalling services segment consists operations of Hardisty terminal, Casper terminal and Ethanol terminals. The Fleet services segment provides railcars and fleet services related to the transportation of liquid hydrocarbons and biofuels by rail. Its fleet consists of approximately 3,310 railcars, which it leased from various railcar manufacturers and financial entities. The Company’s principal assets consist of a crude oil origination terminal in Hardisty, Alberta, Canada; a crude oil terminal in Casper, Wyoming, and two unit train-capable ethanol destination terminals in San Antonio, Texas and West Colton, California.

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